Common use of RECAPTURE OF REINSURANCE Clause in Contracts

RECAPTURE OF REINSURANCE. In the event the Ceding Company increases its limits of retention, it may reduce all reinsurance effected under this Agreement by giving written notice to the Pool of its desire to initiate a recapture program, subject to the following restrictions:

Appears in 6 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

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RECAPTURE OF REINSURANCE. In the event the Ceding Company increases has increased its limits of retention, it may reduce all reinsurance effected under this Agreement by giving written notice to the Pool AUL of its desire to initiate a recapture program, subject to the following restrictions:

Appears in 1 contract

Samples: Automatic Monthly Renewable Term Agreement (Union Security Insurance Co Variable Account C)

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